The Future Is Here Today

The Future Is Here Today
Where Business, Nature and Leisure Provide An Ideal Setting For Living

Advertise in Almere-Digest

Advertising Options
Showing posts with label Problems. Show all posts
Showing posts with label Problems. Show all posts

April 7, 2021

The Netherlands: VVD continues to back PM Mark Rutte but coalition options are limited

A number of prominent VVD members have gone public with their support for beleaguered caretaker prime minister Mark Rutte, who is facing increasing isolation in The Hague after ‘forgetting’ he had suggested moving a critical MP to a ‘new role’.

Former ministers in Rutte-led governments, including Henk Kamp, Annemarie Jorritsma and Fred Teeven have all given their public backing to the prime minister, and there is no-one within the party who is publicly doubting his leadership, the NRC reported. After all, they point out the VVD won the election with 34 seats and ‘you do not dump a leader who made his party the biggest again’

Read more at: VVD continues to back Mark Rutte but coalition options are limited - DutchNews.nl

February 28, 2021

Vaccine nationalism won’t defeat the pandemic – by Sharan Burrow

Scientists are performing magnificently in developing vaccines against the SARS-CoV-2 virus with unprecedented speed, but BigPharma is calling the shots and governments are being left to squabble over what are, to begin with, inadequate supplies. Vaccine nationalism is rearing its ugly head, with devastating consequences for poorer countries and eventually for the whole world.

The moral and humanitarian case for fair access to vaccination is obvious and so is the public-health case: where vaccines are scarce, there will be more cases, each one an opportunity for the virus to continue to mutate, as all RNA viruses do. This means new variants could emerge which are different enough from the original virus that existing vaccines won’t work against it them. If those circulate widely, people who have been vaccinated will once again be susceptible to severe illness and death.

Read more at: Vaccine nationalism won’t defeat the pandemic – Sharan Burrow

November 25, 2019

Netherlands Headed For Unprecedented Crisis?: Millions Of Retirees Face Pensions Cuts Thanks To The ECB - "This Report is Questionable say Dutch Government insiders" - by Tyler Durden

When one thinks of pensions crisis, the state of Illinois - with its woefully underfunded retirement system which issues bonds just to fund its existing pension benefits - usually comes to mind. Which is why it is surprising that the first state that may suffer substantial pension cuts is one that actually has one of the world's best-funded, and most generous, pension systems.

According to the FT, millions of Dutch pensioners are facing material cuts to their retirement income for the first time next year as the Dutch government scrambles to avert a crisis to the country's €1.6 trillion pension system. And while a last minute intervention by the government may avoid significant cuts to pensions next year - and a revolt by trade unions -  if only temporarily, the world finds itself transfixed by the problems facing the Dutch retirement system as it provides an early indication of a wider global pensions funding shortfall, not to mention potential mass unrest once retirees across some of the world's wealthiest nations suddenly finds themselves with facing haircuts to what they previously believed were unalterable retirement incomes.

At the core of the Dutch cash crunch is the ECB's negative interest rate policy, which has sent bond yields to record negative territory across the eurozone, and crippled returns analysis while pushing up the funding requirements of Dutch pension funds.

Ahead of a parliamentary debate on Thursday on this hot topic issue, the Dutch minister for social affairs and employment, Wouter Koolmees, will write to lawmakers to outline his response to the pension industry’s problems, the FT reported.


Read more: Netherlands Headed For Unprecedented Crisis: Millions Of Retirees Face Pensions Cuts Thanks To The ECB | Zero Hedge

April 3, 2019

EU Parliamentary elections: Eastern southern Europeans dread emigration more than immigration

EU elections: Eastern, southern Europeans dread emigration more than immigration With just seven weeks to go before EU Parliament elections a sweeping study shows that, despite a rise in anti-immigration rhetoric, many Eastern and southern Europeans say they are more worried about emigration.

April 27, 2015

Europeans Fight U.S. Trade Deal With Fear of McHospitals, Fracking Under Eiffel Tower (and they should)-by Leo Cendrowicz

It will afflict Europe with American abominations on an almost Biblical scale: cheap and dirty food, toxic waste, mind-numbing movies and television, gas-guzzling cars, all while scrapping healthcare and erasing labour rights.

That, at least, is how angry European activists are painting a planned trade deal between the European Union and the United States. A legion of horrors has been evoked about an agreement known as the Transatlantic Trade and Investment Partnership, or TTIP, which is currently under negotiation.

Dozens of groups have sprung up to oppose the planned pact, like Stop TTIP (whose website describes the deal as “a corporate coup that will put power and money into the hands of corporations and away from the elected government.”) and No TTIP (“TTIP would lock in the privatization of our public services, erode government protection for people and the environment and threaten a new round of unjust economic reforms forced on the poor”).

U.S. and E.U. officials are currently in New York this week for their ninth round of talks to hammer out the details of deal. But on Sunday, tens of thousands of protesters marched through the streets of Berlin, Brussels, Vienna, Madrid, Helsinki, Warsaw, Prague and other cities in simultaneous colorful demonstrations against TTIP.

Europe’s anti-TTIP campaigners characterize the plans as a diabolical plot to allow the likes of McDonalds to take over hospitals, Exxon to frack under the Eiffel Tower, and Google to take over parliaments. “It’s the most contested acronym in Europe,” admits Cecilia Malmström, the E.U. trade commissioner, who is in charge of the European side of the negotiations.

Work on TTIP will continue for the moment. Planned for over a decade before its formal launch in 2013, the negotiations are expected to last at least another two years. But the real test will come when the ratification process begins in European and American legislatures – some 898 amendments have so far been proposed in the European Parliament’s TTIP wish list.

 If anger continues to swell, it could dilute TTIP or derail it completely. If that happens, TTIP’s many opponents would celebrate. Whether their interests would be served by the trade pact’s demise is another matter. But even TTIP’s supporters accept that in its current form, the agreement has become a lightning rod for almost every European discontent.

Read more: Europeans Fight U.S. Trade Deal With Fear of McHospitals, Fracking Under Eiffel Tower - The Daily Beast